Lederman loses in LSE legal battle

A London employment tribunal has ruled in favour of the London Stock Exchange in a case brought against the UK market by Eli Lederman, the former chief executive of the trading platform Turquoise, Financial News can reveal.

The judgement, which has been seen by Financial News, was delivered this morning two and a half months after the conclusion of the hearing, which took place over eight days during the last two weeks of March.